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Monday, February 14, 2005

Twins, Santana agree on a 4 year, $40 million deal 

Well, the Twins have locked up Johan Santana through 2008.

Not a bad deal for either party...Santana asked for $6.8 million in arbitration this year, and if he had won, was likely looking at $9-10 million in arbitration after 2005. So you can look at it as the Twins paying him the $16 million over the next two years that he was likely going to get in arbitration anyway, and then paying him $12 million per year for his first two free agent seasons.

Really, the more I think about it, the more I like this deal for Minnesota. Pitchers are always risky, but Santana's arm has been handled with care, and they are now locking him up through what should be his prime years. If he pitches for the next four years at a level close to what he pitched at in 2004, this deal is a steal for the Twins.


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